Robinhood Markets Inc (NASDAQ: HOOD) on Monday, plunged -0.09% from the previous trading day, before settling in for the closing price of $21.20. Within the past 52 weeks, HOOD’s price has moved between $7.91 and $24.88.
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A company in the Financial sector has jumped its sales by 87.20% annually for the last half of the decade. The company achieved an average annual earnings per share of 187.00%. With a float of $550.12 million, this company’s outstanding shares have now reached $745.40 million.
In an organization with 2200 employees, it is important to assess its efficiency.
Robinhood Markets Inc (HOOD) Insider and Institutional Ownership
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of Robinhood Markets Inc is 37.40%, while institutional ownership is 45.02%. The most recent insider transaction that took place on Jul 12 ’24, was worth 2,669,708. In this transaction Director of this company sold 120,236 shares at a rate of $22.20, taking the stock ownership to the 0 shares. Before that another transaction happened on Jul 05 ’24, when Company’s Chief Executive Officer sold 250,000 for $22.50, making the entire transaction worth $5,624,800. This insider now owns 0 shares in total.
Robinhood Markets Inc (HOOD) Latest Financial update
As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.03 earnings per share (EPS) for the period topping the consensus outlook (set at -0.01) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 187.00% per share during the next fiscal year.
Robinhood Markets Inc (NASDAQ: HOOD) Trading Performance Indicators
Robinhood Markets Inc (HOOD) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.15, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.57 in one year’s time.
Technical Analysis of Robinhood Markets Inc (HOOD)
Let’s dig in a bit further. During the last 5-days, its volume was 9.81 million. That was inferior than the volume of 15.79 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 13.10%. Additionally, its Average True Range was 1.09.
During the past 100 days, Robinhood Markets Inc’s (HOOD) raw stochastic average was set at 59.39%, which indicates a significant increase from 12.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.58% in the past 14 days, which was lower than the 54.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.00, while its 200-day Moving Average is $15.49. However, in the short run, Robinhood Markets Inc’s stock first resistance to watch stands at $21.70. Second resistance stands at $22.21. The third major resistance level sits at $22.59. If the price goes on to break the first support level at $20.81, it is likely to go to the next support level at $20.43. The third support level lies at $19.92 if the price breaches the second support level.
Robinhood Markets Inc (NASDAQ: HOOD) Key Stats
Market capitalization of the company is 18.61 billion based on 878,836K outstanding shares. Right now, sales total 1,865 M and income totals -541,000 K. The company made 618,000 K in profit during its latest quarter, and 157,000 K in sales during its previous quarter.
